Deutscher's job is to blow wind up their arses and tell them about shiny things while plundering their pockets.
There is no way someone will pay $200m for this. But do we care? If someone paid $100m they could give their market cap back as a return of capital and have $50m in the bank. Wouldn't that be a dream.
And the question as to why someone doesn't just bid for the company? I've been told that the major shareholders would not accept any bid at any price - they don't understand the idea of operating in the best interests of shareholders. I've been told explicitly that they would reject a $200m bid even though this a 5x uplift.
This company is not run for the benefit of shareholders.
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Last
18.0¢ |
Change
-0.010(5.26%) |
Mkt cap ! $58.95M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.5¢ | $6.678K | 36.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 62387 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 104736 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62387 | 0.180 |
3 | 137366 | 0.175 |
4 | 84000 | 0.170 |
3 | 80500 | 0.165 |
4 | 231250 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 104736 | 2 |
0.195 | 41998 | 2 |
0.200 | 44500 | 2 |
0.210 | 5000 | 1 |
0.240 | 13000 | 1 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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